The correct option is D. You withdraw cash from your bank account which is an event that directly involves the Federal Reserve.
The Fed removes limits on house loans for borrowers who have student loan debt in an effort to spur economic development.
<h3>
What events led up to the Federal Reserve law?</h3>
The frail banking system was devastated by bank runs following a particularly bad panic in 1907, which finally prompted Congress to draft the Federal Reserve Act in 1913. In the beginning, the Federal Reserve System was established to deal with these banking panics.
The Federal Reserve carries out general duties such as managing the country's monetary policy, supervising banking institutions, observing and defending consumer credit rights, preserving the stability of the financial system, and offering financial services to the federal government of the United States.
Thus, D is the right answer. You take money out of your bank account, which is a situation where the Federal Reserve is involved directly.
Learn more about Federal Reserve here:
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The focus of a blue ocean strategy is on lowering the economic value created, whereas a cost-leader focuses on increasing the economic value created.
As the drug industry in Canada grow, Drugs that usually could be obtained only through criminal organization now can be easily obtained over the counter (as long as the requirements are met)
This make many major criminal organizations to lose their power and profits from their operation in Canada
The answer is:<span> the social values statement </span>
Answer:
Amount paid for goodwill=5.3 million
Explanation:
The expression for calculating goodwill is given by;
Goodwill = Consideration paid– Fair value of net identifiable assets
where;
Consideration paid=$12.5 million
Fair value of net identifiable assets=Midwest's assets-Midwest's liabilities
Midwest's assets=$8.5 million
Midwest's liabilities=$1.3 million
Fair value of net identifiable assets=(8.5 M-1.3 M)=7.2 million
Replace in the expression below;
Goodwill = Consideration paid– Fair value of net identifiable assets
Goodwill=12.5 M-7.2 M
Goodwill=5.3 million
